Some of the names on the move ahead of the open.
div > div.group > p:first-child"> Big Lots — The discount retailer reported adjusted quarterly profit of $2.68 per share, above the consensus estimate of $2.30 a share. Revenue also beat forecasts, as did comparable-store sales.
Exxon Mobil — Cowen cut its rating on the stock to"market perform" from"outperform," saying the energy giant's long-term dividend commitment could be a negative for investors who may give more weight current excess free cash flow to future free cash flow. Costco — Costco reported quarterly profit of $2.01 per share, beating the consensus estimate of $1.69 a share. Revenue came in below Wall Street forecasts. Costco saw a 6.7 percent jump in overall comparable-store sales, and also saw a 25.5 surge in comparable online sales. Separately, Costco raised its starting wage for workers to $15 per hour from $14, its second dollar-per-hour increase in less than a year.
Sprint, T-Mobile US — The FCC has halted its 180-day review clock on the proposed merger of Sprint and T-Mobile, giving the public three extra weeks to comment on the $26 billion dollar combination of the two wireless carriers.
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